Getting Pre-Approved for a Capital One Card | Capital One (2024)

FAQs

Does Capital One pre-approval mean you'll get approved? ›

Getting pre-approved doesn't guarantee approval, but it can give you an idea of what cards you're likely to be approved for.

Your approval odds for the Capital One Venture X Card are best if your credit score is 740 or higher. Keep in mind, that other factors go into your application as well, including your income and relationship with Capital One.

Some common reasons for not getting approved for a credit card include: Having a low credit score. Having too much debt. Having too many hard inquiries on your credit reports.

Why it's one of the easiest credit cards to get: The Capital One Platinum Credit Card is a starter credit card, designed for people with limited or no credit history. The Capital One Platinum Card also has a $0 annual fee and reports monthly to the three major credit bureaus, making it an excellent option...

In general, Capital One credit card pre-approval is likely to be fairly accurate. Because you provide your Social Security number and other identifying information, it's possible for Capital One to get an idea of your credit history and provide you with a reasonably accurate list of cards you qualify for.

You need a credit score of at least 700 (good credit) for the best Capital One credit card offers. However, other options are available for people with lower scores. It is possible to get approved for a credit card from Capital One with limited credit history or a bad credit score, for example.

Some Capital One credit cards are hard to get because they require at least good credit, which means you need a credit score of 700+ for good approval odds. Other Capital One credit cards are easier for people with lower credit scores to get approved for, so it's important to choose wisely.

Capital One Venture X Rewards Credit Card

A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The Capital One Venture X Rewards Credit Card is hard to get because it requires excellent credit for approval and charges an annual fee of $395. You get a lot in return, though.

We will notify you in writing of our decision within 7 to 10 days of your application.

What happens after Capital One pre-approval? ›

After getting a pre-qualification or pre-approval offer for a credit card, the next step is to decide if you want to apply. When you apply for a card, you'll share more of your financial information, including your income level. That's also when a card issuer will conduct a hard inquiry.

You need a credit score of at least 700 (good credit) for the best Capital One credit card offers. However, other options are available for people with lower scores. It is possible to get approved for a credit card from Capital One with limited credit history or a bad credit score, for example.

The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card in 2024 gives about 1% back.

First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.

The U.S. Bank Cash+® Visa® Secured Card is easy to get, even with poor credit or no credit, because it is a secured credit card and requires an upfront deposit. But unlike many other secured credit cards, it has a generous rewards structure.

It's important to note that pre-approved and pre-qualified offers do not guarantee that you'll ultimately be approved for a new credit card. They simply mean that you have met at least some of the criteria required for approval.

A pre-approval offer suggests you've passed the first step in the screening process. But remember — you can't actually be approved for the card unless you apply. You may seem like a promising candidate, but the lender will likely want more information to process your application.

Yes, it is possible to be denied a pre-approved credit card. This is because being pre-approved for a credit card simply indicates that your chances of approval for an account are very high (around 80-90%) should you decide to apply.

If you apply by phone or online, you'll typically get a response within 60 seconds. If you submit a paper application, it will take longer. But no matter how you apply, Capital One generally notifies applicants of the decision in writing within seven to 10 days of receiving the application.